My thought on FKP.
Positive factors:
1. Better than balance sheet:gearing 32% PBRatio about 45%
2. Still potential t/o target from SGP or Mulpha or Others
3. Property market is improving gradually
along with Stock Market/economy situation
and possible valuation upgrade
4. Possible better future CEO & MD than retired P Brown
5. Techinically it is going to turn uptrend
Negative factors:
1. Uncertainty of future retirement property valuation
2. Still possibly bots are working on purpose
3. Still sentiment towards FKP is not changed
At present I am approaching holding FKP sharesa as investing in Real Estate.
Regards,
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